Currency Volatility Tracker

Argentine Peso Hits a New All-time Low

Since 2010, the Argentine peso has declined 1,109 percent in value against the U.S. dollar the fourth worst performance of any currency in the world.

Argentina's currency falls to a new low against the U.S. dollar for the second time in two years as economic and political concerns deepen.

In March, 2013, Argentina's currency, the peso, had an official rate of 5.0973 to the dollar and a black market rate of 8.4431. On Friday, the peso reached a value of 45.946 against the dollar, an all-time low for a nation with a history of currency woes and the second worst performing currency this year behind only Venezuela's beleaguered bolivar.

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